FE Today

Crop production: Farm management plays key role

Economics teaches that four factors of production-land, labour, capital and organisation-play important roles in the growth of agricultural or non-agricultural output. In fact, along with productivity, these are the main sources of growth. The share of each of these factors to total output varies over time depending on endogenous and...

Why the end of the longest oil bull market since 2008?

Half a year ago, crude oil prices were expected to climb from $53 per barrel in 2017 to $65 per barrel by the year-end and to remain around that level through 2019. By mid-October, crude had soared to $75 and the rise was expected to continue. Yet, in just 10...